Besides according to my research it can be a pain to get rid of.

That would be a pain, amongst other aspects of the project as well Maybe a garage unit or even attic unit would work well if that's available to you.

(b) A tenant may obtain injunctive relief for breach of the warranty of habitability in any court of competent jurisdiction.

Then, I guess I would try to talk to tenants and find out any pains they may have and then upon solving these problems and gaining some good will, get in and get new leases signed with some upward rent movement.

Lead pain was a known hazard over 50 years ago and in many areas it's common usage stopped well before 1978.

Its government stuff so sometimes they can be a pain on things, but I've never lost a deal once it was inked.They are moving way faster over there than they were last year, the ones priced right are getting gobbled up, you really don't have a week to ponder things if its a real deal. 

This is a pain because you have to spend more time finding another tenant, but at least your costs are covered in the meantime.

Day two was also capped off with happy hour and was a great chance to take a collective sigh of relief and to digest and discuss all of the great information we just spent two days taking in.

I'm essentially giving up control about the timing of CapEx expenses to the HOA which can be a pain.

I also live in NYC so I feel your pain, maybe even a little more since I am currently living in Manhattan.